TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

NORMAL PENSIONABLE AGE [1 record]

Record 1 2019-11-01

English

Subject field(s)
  • Actuarial Practice
  • Pensions and Annuities
DEF

… the earliest age [at] which workers can claim their full pension.

OBS

The term "normal retirement age" is somewhat misleading. It is not the age at which members normally retire. There are many pension plans where only a small percentage of the workforce will work up to the "normal" retirement age of 65.

OBS

In many pension plans, the URA [unreduced retirement age] is the same at the NRA, i.e. pensions commencing prior to the NRA are always subject to reduction.

French

Domaine(s)
  • Actuariat
  • Pensions et rentes
DEF

[…] âge à partir duquel la pension acquise peut être servie sans réduction […]

OBS

L'expression «âge de la retraite normale» est quelque peu équivoque, car il ne s'agit pas de l'âge auquel les participants prennent normalement leur retraite. Pour de nombreux régimes, seule une faible proportion de la main-d'œuvre travaillera jusqu'à l'âge «normal» de 65 ans.

OBS

Pour de nombreux régimes, l'ARSR [âge de retraite sans réduction] et l'ARN sont identiques, c'est-à-dire que les pensions dont le service débute avant l'ARN font toujours l'objet d'une réduction.

Spanish

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